MTN
Posted in Big Business

CBN mounts pressure on MTN, demands 15% interest of $8.1 billion

The row between the Central Bank of Nigeria might not…

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interest rate
Posted in Big Business

CBN renames Skye Bank to Polaris Bank

The Central Bank said it has renamed Skye Bank to…

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MTN
Posted in Big Business

MTN gets reprieve as Nigeria’s CBN reconsiders $8.1 billion fund recall

MTN Group Limited, Africa’s largest mobile carrier has received some…

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MTN
Posted in Big Business JSE SENS

CBN fines four banks in ‘cahoot’ with MTN illegal funds transfer

Nigeria’s Central Bank said it has placed various fines and…

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Posted in Big Business Policy

Nigeria’s inflation drops to 11.61% in May

For the 16th consecutive time, Africa’s largest economy, Nigeria said…

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Nomura
Posted in Big Business Policy

BRIEF: Nigeria’s central bank will now sell Yuan

To make good its plan to execute a currency swap…

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fraud
Posted in Big Business

CBN sacks e-Transact board over N11 billion fraud

There is an unconfirmed report that the Central Bank of…

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interest rate
Posted in Big Business Policy

Nigeria’s central bank keeps interest rate unchanged

Pussyfooting away from a deadly recession, Nigeria’s Central Bank said…

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Abraaj
Posted in Big Business

Nigeria’s Central Bank to stop indebted banks from paying dividends

The era of banks owners and shareholders smiling home with…

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interest rate
Posted in Policy

Nigeria Central Bank not likely to announce latest interest rate decision

As a sign of possible stalemate, Central Bank of Nigeria,…

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